Oberoi Centerstage, Bandra East

An 11-acre railway land address rising beside the Western Express Highway, close to BKC.

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A New Chapter for Bandra East

There are moments in a city's story when a single parcel of land carries the weight of decades — and that is precisely the case here. This follows Oberoi's earlier first tranche payment of INR 247.50 crore to RLDA and its winning bid of INR 5,400 crore in February 2026. The land in question spans approximately 45,371 sq mt, or roughly 11 acres, and is situated adjacent to the Western Express Highway in Bandra East.

To carry this vision forward, Oberoi Realty has structured the development through a dedicated vehicle. Oberoi Realty infused INR 268.50 crore into its wholly owned subsidiary Centerstage Realty Private Limited on 9 June 2026, meeting the minimum paid-up capital requirement stipulated in the bid documents for the Railway Land Development Authority's Bandra East land parcel. The RLDA will execute the 99-year lease agreement directly in favour of the SPV.

The scale on offer here is considerable. The site carries a floor space index of 19.50 lakh sq ft, making it suitable for large-scale mixed-use development, and its location in one of Mumbai's most strategically connected micro-markets adds considerable commercial significance to the project. The financial architecture of the deal reveals a developer playing a long game. Under the terms, the company will make an upfront payment of ₹495 crore, with the balance paid over time through a long-term revenue-sharing model extending to 2038.

For now, this remains a project in its earliest days. The land acquisition was only recently concluded and RERA registration will follow once the project is formally planned and launched. Prospective buyers are advised to treat every configuration and price figure circulating online as speculative until Oberoi Realty makes an official announcement.

Project

Configuration & Pricing

No unit types, sizes, or prices have been officially released for this site yet; the table below will be updated the moment Oberoi Realty confirms details post-RERA registration.

Type Size Price Status
To be announced To be announced On Request Pre-launch — awaiting RERA

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Lifestyle Vision

While a detailed amenity list is yet to be unveiled, Oberoi Realty's developments across Mumbai have consistently set the benchmark for integrated living, and this Bandra East address — given its scale and prime positioning — is expected to follow suit once plans are finalised.

OBEROI CENTERSTAGE - photo 3

Clubhouse & Wellness Spaces

Anticipated in line with Oberoi Realty's signature residential clubs across its Mumbai portfolio.

OBEROI CENTERSTAGE - photo 4

Landscaped Podium Gardens

Green, open pockets designed as a retreat from the surrounding highway and business district energy.

OBEROI CENTERSTAGE - photo 5

Retail & Commercial Frontage

Given the site's scale, a mixed-use component with retail and office space is expected.

OBEROI CENTERSTAGE - photo 6

Swimming Pool

A signature feature across most Oberoi Realty residential developments in Mumbai.

OBEROI CENTERSTAGE - photo 7

Landscaped Walkways

Pedestrian-friendly internal pathways connecting the development's various zones.

OBEROI CENTERSTAGE - photo 8

24x7 Security & Concierge

Multi-tier access control expected as standard, consistent with Oberoi's premium projects.

OBEROI CENTERSTAGE - photo 9

Dedicated Parking

Podium or basement parking planned to match the scale of the development.

OBEROI CENTERSTAGE - photo 10

Business & Co-working Lounge

Relevant given the site's proximity to BKC and its likely commercial component.

Floor Plans

Detailed floor plans have not yet been released by Oberoi Realty and will be shared once the project's design and RERA registration are finalised.

Unit Layout
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Master Plan

Site Map
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Where the City Converges

Bandra East occupies rare ground in Mumbai's geography — close enough to feel the pulse of Bandra-Kurla Complex, yet anchored firmly along one of the city's busiest arteries. The area is closer to Bandra-Kurla Complex, Kherwadi, and Santacruz East, and the Bandra Colony and BKC Metro Stations on the Aqua Line are fully operational, with the locality perfectly positioned via the Western Express Highway and the Bandra-Worli Sea Link, reaching South Mumbai in 20 minutes and Mumbai Airport in 15 minutes. There are addresses in Mumbai that need no introduction, and Bandra East — cradled between the Western Express Highway and the glass towers of the Bandra-Kurla Complex — is unmistakably one of them. For residents and businesses alike, this translates into a location where commute times shrink and access to the city's commercial, retail, and social infrastructure remains effortlessly close at hand.

Area Map
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Project Photos

OBEROI CENTERSTAGE - photo 14 OBEROI CENTERSTAGE - photo 15 OBEROI CENTERSTAGE - photo 16 OBEROI CENTERSTAGE - photo 17 OBEROI CENTERSTAGE - photo 18 OBEROI CENTERSTAGE - photo 19

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Common Questions

What is Oberoi Centerstage?
Oberoi Centerstage refers to Oberoi Realty's upcoming development on an 11-acre railway land parcel in Bandra East, Mumbai, being executed through its wholly owned subsidiary Centerstage Realty Private Limited.
Is Oberoi Centerstage RERA registered?
No, RERA registration has not yet been obtained as the land acquisition and lease formalities were only recently completed. Registration will follow once the project is formally planned and launched.
How large is the Oberoi Centerstage land parcel?
The site spans approximately 45,371 square metres, or roughly 11 acres, situated directly adjacent to the Western Express Highway in Bandra East.
What was the winning bid amount for this land?
Oberoi Realty's winning bid for the 99-year lease of this railway land parcel from the Railway Land Development Authority was INR 5,400 crore, announced in February 2026.
Will Oberoi Centerstage be residential or commercial?
The exact use is not yet confirmed. Given the site's floor space index of about 19.50 lakh sq ft and its strategic location near BKC, a large-scale mixed-use development is considered likely, though the developer has not made a formal announcement.
What is Centerstage Realty Private Limited?
Centerstage Realty is a special purpose vehicle incorporated by Oberoi Realty specifically to execute this Bandra East railway land project under the RLDA lease terms.
What are the payment terms for the land lease?
Oberoi Realty will make an upfront payment of ₹495 crore, with the remaining amount payable over time through a revenue-sharing structure extending to 2038.
How far is the site from Bandra-Kurla Complex?
The site is closely positioned to BKC, Kherwadi, and Santacruz East, with the Bandra Colony and BKC Metro Stations on the Aqua Line already operational nearby.
When will floor plans and pricing be available?
Floor plans, unit configurations, and pricing will be released only after Oberoi Realty finalises the project design and completes RERA registration.
How can I register interest in this project?
Since the project is in an early acquisition stage, interested buyers can register their details with Oberoi Realty's sales team to receive updates as soon as official launch information is released.

The information here is shared in good faith for guidance alone and forms no part of any agreement. All figures, layouts, and images are subject to revision. Please confirm every detail with an authorised representative before proceeding. About · Projects